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US Economy Slows to 1.5% Growth in Q2 Amid Rising Imports, Inflation Remains Elevated
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US Economy Slows to 1.5% Growth in Q2 Amid Rising Imports, Inflation Remains Elevated

The US economy grew by 1.5% in Q2 2026, a slowdown from Q1, as rising imports offset consumer spending. Inflation, measured by the PCE price index, eased slightly to 3.7% but remains above the Fed's 2% target. The Federal Reserve kept interest rates unchanged, though some officials dissented, citing persistent high inflation exacerbated by the Middle East war.

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Guardian Business
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